Welcome to 12045 Rives Avenue, a unique opportunity offering two vacant residences with exceptional flexibility and potential. The beautifully maintained property features a total of 5 bedrooms and 4 bathrooms and over 2100+ sqft of combined living space, blending timeless architectural character with comfortable everyday living. Natural light fills the interiors, highlighting hardwood floors and elegant coved ceilings. A spacious living room flows into the adjacent dining area, while the generously sized kitchen features a charming breakfast nook and ample opportunity to personalize the space. Complementing the 3-bedroom main residence is a permitted, detached 2-bedroom, 2-bathroom ADU, offering privacy and versatility for extended family, guests, or potential rental income. The ADU features shaker-style kitchen cabinetry, updated bathrooms, recessed lighting, and dual-pane windows. Both residences offer dedicated washer and dryer areas, along with separate electric and gas meters, while the ADU additionally features a submeter. A long driveway provides ample parking, and the generous outdoor space offers plenty of room for entertaining, gatherings, or creating your own private retreat. With both units DELIVERED VACANT, the property presents an excellent opportunity for an owner-user, multi-generational household, or investor looking for flexibility and income potential. Conveniently located near dining, parks, recreation, and the 5, 710, and 605 freeways, with Downey Landing and The Promenade at Downey just minutes away. Located within the highly regarded Downey Unified School District, this versatile property offers the opportunity to enjoy two separate residences and endless possibilities in an established Downey community.